State Bank of India New Market Yard Patan (SBI)
New Market Yard Patan · Patan, Gujarat
384002109 is the MICR code for the New Market Yard Patan branch of State Bank of India, located in Patan, Gujarat. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code SBIN0002674.
Bank
State Bank of India
Branch & Address
New Market Yard Patan
Dist Patan, Gujarat 384265
Patan, Patan, Gujarat
Contact
+912766220259MICR Code Structure
384
City
002
Bank
109
Branch
City code 384 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 109 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Patan
Other banks in Patan, Gujarat
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (SBIN0002674) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 384002109 is in the middle, and your account number is on the right.